Core Viewpoint - The Ministry of Industry and Information Technology, the Ministry of Finance, and the Financial Regulatory Bureau have announced the implementation of the 2025 insurance compensation policy for the first set of major technical equipment, which aims to support various sectors outlined in the 2024 version of the promotion application guidance directory [1][3]. Group 1: Support Scope - The 2025 insurance compensation policy covers all areas listed in the "Guidance Directory for the Promotion and Application of the First Set of Major Technical Equipment (2024 Edition)" [3]. - Whole equipment is generally supported based on the number of sets, while core systems, key components, and critical supporting parts are supported based on batch numbers [3][4]. - High-value core systems and key components, such as aircraft engines and ship engines, can be supported based on the number of sets, while lower-value equipment like precision instruments can be supported based on batch numbers [1][3]. Group 2: Application Process - Enterprises manufacturing major technical equipment listed in the directory must submit application materials to their local industry and information technology authorities [4]. - Local authorities and central enterprise groups will review the applications, focusing on the completeness and validity of materials, as well as the technical parameters and value rationality of the products [4][6]. - The Ministry of Industry and Information Technology will commission third-party organizations to conduct a review of the qualifications for insurance compensation, determining the subsidy amount based on a certain percentage of the equipment value [4][6]. Group 3: Funding Application - After passing the qualification review, equipment manufacturers must submit application materials to local authorities after completing manufacturing, delivery, insurance, and full premium payment [5]. - Local authorities will conduct a review of the application materials, ensuring their authenticity and consistency, and will report their findings to the Ministry of Industry and Information Technology and the Financial Regulatory Bureau [6]. Group 4: Other Requirements - Equipment manufacturers must comply with national laws and regulations, ensuring the authenticity and completeness of their materials [7]. - Local authorities and central enterprise groups are required to strictly review and manage the applications to maintain the integrity of the policy [7]. - The qualification review results will be a key basis for enjoying the insurance compensation policy and will be prioritized in other related policies [8].

Core Viewpoint - The National Standardization Administration and the Ministry of Industry and Information Technology of China have jointly issued a plan to establish a high-quality standard system for industrial mother machines by 2026, aiming to enhance product quality and promote equipment upgrades in the industry [4][5]. Group 1: Standard System Development - The plan requires the establishment of a high-quality standard system for industrial mother machines by 2026, with at least 300 standards to be formulated or revised, including at least 5 international standards, and a 90% conversion rate of international standards [4]. - The standard system will consist of six levels: basic general, design support, manufacturing equipment, manufacturing processes, inspection and testing, and industry applications, comprising 34 major categories and 17 subcategories [5]. - By 2030, a comprehensive standard system that adapts to the high-quality development of the industrial mother machine industry is expected to be fully formed, with technical levels and internationalization continuously improving [4][5]. Group 2: Current Industry Status in Jiangsu - Jiangsu province is a leading area in China's industrial mother machine industry, with significant achievements in industry scale, number of enterprises, and technological innovation [5][6]. - The province has the highest number of machine tool enterprises in China, covering six major upstream and downstream segments of the industrial chain, including cutting machine tools and additive manufacturing equipment [5][6]. - Key cities such as Nanjing, Suzhou, Wuxi, and Changzhou are central to the industrial cluster, with Suzhou housing over 500 supporting enterprises and Changzhou having more than 270 industrial enterprises in the sector [6].

Core Viewpoint - The industrial mother machine sector experienced a significant surge in stock prices following the announcement of a new high-quality standard system aimed at enhancing product quality and driving industry development by 2026 [1] Group 1: Stock Performance - Hengjin Induction surged over 20% - Kaiteng Precision Engineering rose over 19% - Huadong CNC and Bojie shares hit the daily limit - Huazhong CNC and Boya Precision increased by over 8% [1] Group 2: Policy Announcement - On September 1, the National Standardization Administration and the Ministry of Industry and Information Technology issued the "High-Quality Standard System Construction Plan for Industrial Mother Machines" - By 2026, a high-quality standard system for industrial mother machines is expected to be established, promoting product quality improvement and equipment upgrades [1] Group 3: Standard Development Goals - The plan includes the revision of no less than 300 standards and leading the revision of at least 5 international standards - The target is to achieve a 90% conversion rate of international standards and optimize the structure of standard supply [1] Group 4: Innovation and Technology - The initiative aims to accelerate the development of standards for high-end industrial mother machines, advanced CNC systems, and key components - It emphasizes the need for a close linkage between standards and technological innovation in the industry [1] Group 5: Long-term Vision - By 2030, a comprehensive standard system that supports the high-quality development of the industrial mother machine industry is expected to be fully formed - The technical level and internationalization of standards are projected to significantly improve, with manufacturing standards reaching world-leading levels [1]